Word: firming
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Dates: during 1930-1939
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Minor Matters. On several minor points the Commission was firm and explicit, 1) Unlimited prescription of liquor by physicians. 2) Fixing the alcoholic content of cider and fruit juices now outside the law until proved "intoxicating in fact." 3) A 60% increase in the number of Dry agents, investigators, et al. 4) Legal access to wholesale and retail houses handling denatured alcohol products to check diversion. 5) Elimination of independent denaturing plants. 6) No extension of the Federal Search & Seizure...
Chester Dale is a stockbroker, member of the firm of W. C. Langley & Co. On the Floor his name is sometimes associated with that of M. J. ("Mike") Meehan, famed Radio specialist. Always interested in art, by 1923 the Dales were sufficiently affluent to begin collecting. They did it with a rush. After four years picture dealers and critics rated the Chester Dale collection as one of the four or five most important collections of modern art in the U. S. Antique dealers know that Mrs. Dale's collection of furniture and early American glass is nearly as good...
...with the intention of reselling it privately. To these principles an exception was made in 1924 when the Exchange adopted a rule that, with special permission, a member might pay commissions to salesmen on listed securities acquired in any way other than from the company itself. Few firms ever took advantage of this exception. In October the Exchange saw reasons which made wide application of the special rule desirable. Chief reason was the shrinkage of the Exchange's daily turnover, so reducing members' incomes that they were having to reduce their office personnel, dispense with faithful, valued employes...
Lorenzo E. Anderson & Co. was formed in St. Louis in 1913 as a brokerage house. In 1927 it was admitted to the New York Stock Exchange. Last week the firm was suspended from the Exchange, marking the first such action of the year, the eighth since the Bear Market began. Partner Arthur C. Hilmer, as president of St. Louis Stock Exchange, had to order his firm suspended from that market as well. One of the house's biggest troubles is said to have been caused by its financing the new St. Louis Arena...
Intimate Merger. A year ago the president of Associated Apparel Industries, Inc. ("the Bust Trust") was elated at the change in fashion which demanded that women wear "foundation garments" of which his firm is one of the biggest makers. His enthusiasm was justified, for Associated sales during the year ended Nov. 30, 1930 exceeded $15,000,000, making a new record for the company. Subsidiaries contributing to this performance included: Nature's Rival Co., Venus Brassiere Co., Parisform Brassiere Co. Some of Associated's better-known trade-names are College Girl, Modart, Venus, Solitaire, Last week...